De Beers Champions Continent

15 08 2010

Johannesburg — THE diamond industry should be enthusiastically supporting the creation of new African diamond centres, not out of altruism but because it is right, makes good business sense and will create the conditions for the future sustainability of the business, says De Beers Group MD Gareth Penny.

He said yesterday at the Antwerp World Diamond Conference that De Beers believed a strategy of strengthening communities and countries by drawing direct benefit from their natural resources was the right strategy for Africa today.

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